Buenos Aires, Argentina – Poverty in Argentina experienced a significant drop, standing at 31.6% during the January to June 2025 semester, according to a nowcast report from the Universidad Torcuato Di Tella. This data represents a notable decrease compared to the previous semester’s rate of 34.9% and underscores the effectiveness of the economic policies of President Javier Milei’s government.

The report attributes this improvement to the full implementation of the economic plan, which includes fiscal stabilization, deregulation, and monetary discipline. The nowcast indicates that the reduction in poverty is a result of family incomes recovering at a much faster rate (a 79.7% year-on-year increase) than the rise in the basic food basket (a 41.8% year-on-year increase).

The article also highlights that the poverty rate dropped even further in the second quarter of 2025, reaching 31.2%, showing a sustained downward trend. President Javier Milei celebrated these findings on social media, criticizing his political opponents and refuting their criticisms of his “adjustment.”

Although the nowcast is not an official INDEC report, it is a respected technical reference that provides empirical evidence of the positive change in the country’s economic direction.